HomeMy WebLinkAbout037 - 05/01/1990 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR ADVANCING THE GOALS AND OBJECTIVES OF THE ORDINANCE NO. 37 , 1990
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND
WHEREAS, Article V, Section 8, of the Charter of the City of Fort
Collins authorizes the City Council to provide by ordinance for payment of
any expense from prior year reserves at any time such reserves are
available; and
WHEREAS, the City received a grant in 1988 from the Ford Foundation in
the amount of $100,000 for advancing the goals and objectives of the Land
Development Guidance System (LDGS) ; and
WHEREAS, this grant is being used to enhance the performance of the
LOGS by increasing the effectiveness and understanding of the system; and
WHEREAS, unspent funds in the amount of $78,440 are in the General
Fund prior year restricted reserves and should be appropriated for said
purposes.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from prior year
reserves in the General Fund the sum of SEVENTY-EIGHT THOUSAND FOUR HUNDRED
FORTY DOLLARS ($78,440) for advancing the goals and objectives of the LOGS.
Introduced, considered favorably on first reading, and ordered
published this 17th day of April , A.D. 1990, and to be presented for final
passage on the 1st day of May, A.D. 199 .
1
Mayor
ATTEST:
14401
City Clerk
Passed and adopted on final reading this 1st day of May, A.D. 1990.
Mayor
ATTEST:
City Clerk